Event

IAA 2016 Webinar Series: Understanding Form ADV Part 1 Amendments

Jen Klass will speak during an IAA webinar that will address changes the SEC recently adopted to Form ADV Part 1 that require firms to report detailed information about their separately managed accounts (SMAs). Advisers with over $500 million in SMAs will need to provide the gross notional exposure of derivatives and information about borrowings in those accounts, and advisers with over $10 billion in SMAs will report additional data on derivatives use in the SMAs.

This webinar will go through all of the new amendments item-by-item, including a discussion of:

Accounts that are “SMAs” for which firms must report asset types, derivatives exposures, and borrowings information.

Additional information firms must provide about custodians for SMAs, advisers’ offices, CCOs, social media, and types of clients.

How firms are to report their RAUM attributable to each type of client.